TIDMSIA

RNS Number : 7862S

Soco International PLC

14 March 2019

14 March 2019

SOCO International plc

("SOCO" or the "Company")

Director/PDMR Shareholding

The Company was notified on 13 March that, on the same day, Rui de Sousa, Chairman of the SOCO Board of Directors, transferred for nil consideration, 469,752 SOCO International plc ordinary shares of GBP0.05 each ("Shares") which had been held by Mr de Sousa personally, to Palamos Limited, which is a Closely Associated Person to Rui de Sousa.

As a result of this transaction, Rui de Sousa's interests in the voting rights of the Company are unchanged and he continues to be interested in a total of of 9,178,572 Shares, representing 2.77% of the issued share capital of the Company (excluding Shares held in treasury), all of which are held by Palamos Limited, a Closely Associated Person to Rui de Sousa.

Contact: Tony Hunter, SOCO International plc, Tel 020 7603 1515

 
 1    Details of the person discharging managerial responsibilities 
 a)   Name                         Rui de Sousa 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Rui de Sousa, Chairman of the Board 
                                    of whom Palamos Limited is a Closely 
                                    Associated Person. 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         SOCO INTERNATIONAL PLC 
     ---------------------------  -------------------------------------- 
 b)   LEI                          549300DDKLXYLLO4N524 
     ---------------------------  -------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the           ORDINARY SHARES OF GBP0.05 EACH 
       financial instrument, 
       type of instrument 
 
       Identification code          GB00B572ZV91 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Transfer of Shares by Rui de Sousa 
                                    to Palamos Limited (a person closely 
                                    associated to Rui de Sousa) 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     nil         469,752 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           N/A (Single transaction) 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      13/03/2019 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     Outside a trading venue 
     ---------------------------  --------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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March 14, 2019 03:30 ET (07:30 GMT)

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